Zillow Group, Inc. are experienceing a pullback which could increase in magnitude and take the stock towards new lows. Investors should open a short trade and target the $ 110.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the past twelve months, EPS forecast has been revised upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The tendency within the weekly time frame is positive above the technical support level at 76.67 USD
Low profitability weakens the company.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The group usually releases earnings worse than estimated.
With an expected P/E ratio at 4437.86 and 1360.78 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
ę MarketScreener.com 2021
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